Community Health Systems (CYH) : During the past 4 weeks, traders have been relatively bearish on Community Health Systems (CYH), hence the stock is down -5.23% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.37% relative to the S&P 500. The 4-week change in the price of the stock is -2.87% and the stock has fallen -1.96% in the past 1 week.
Community Health Systems (NYSE:CYH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.53 and $12.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.52, notching a gain of 0.16% for the day. The total traded volume was 5,083,200 . The stock had closed at $12.50 on the previous day.
The stock has recorded a 20-day Moving Average of 2.45% and the 50-Day Moving Average is 4.17%. Community Health Systems, Inc. has dropped 15.75% during the last 3-month period . Year-to-Date the stock performance stands at -42.9%.
Community Health Systems (CYH) : The consensus price target for Community Health Systems (CYH) is $15.42 for the short term with a standard deviation of $3.21. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $21, however, the pessimist price target for the company is $11.
Community Health Systems, Inc. is a hospital company and an operator of acute care hospitals in communities across the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States. It operates in two operating segments: hospital operations and home care agencies operations. Its hospital operations include the Companys acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. Its home care agencies operations provide in-home outpatient care. Services provided through its hospitals and affiliated businesses include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. It provides a range of hospital healthcare services and other outpatient services to patients in the communities in which the Company is located.